Efficient Operationalization of Flexibility Procurement: Market Design Analysis and Process Definition
Sarah Fanta,
Ksenia Tolstrup,
Markus Riegler
et al.
Abstract:Flexibility provision for ancillary services and electricity markets has been widely seen as crucial for the future of highly interconnected energy systems with high shares of renewables. Yet, little research has so far addressed (1) how its procurement could be best operationalized and (2) how limited flexible resources can be used more efficiently given the growing system needs. This paper focuses on flexibility services for transmission operators, specifically balancing and redispatch, as well as the intrad… Show more
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